The 2010 stud fee for two-time Horse of the Year Curlin, who stands at William S. Farish’s Lane’s End Farm near Versailles, Ky., has been reduced to $40,000 stands and nurses. He formerly was priced at $60,000.

“We are delighted with the three Curlin foals that we’ve seen so far, and are eagerly awaiting our homebred Curlin babies,” said majority owner Jess Jackson in a statement. “We also know that times are tough for our friends in the breeding business. To continue to attract the best book of mares for Curlin and further help our breeders, we have decided to lower Curlin’s fee for the 2010 breeding season to $40,000.

North America’s richest racehorse, with earnings of $10,501,800, Curlin was voted Horse of the Year in 2007-08. He is by Lane’s End stallion Smart Strike out of the Deputy Minister mare Sherriff’s Deputy.